BNY Mellon

www.bnymellon.com

BNY Mellon Reviews

Updated January 31, 2015
Updated January 31, 2015
1,430 Reviews
2.8
1,430 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
442 Ratings

Review Highlights

Pros
  • Good work-life balance in my department, but not in all areas of the company (in 136 reviews)

  • Many good benefits, however, management was not proactive in developing talent (in 77 reviews)


Cons
  • No room for growth, salaries at lower end in the industry and merit increases are close to zero (in 32 reviews)

  • Plenty of talk but no regard for work life balance (in the technology sector) (in 23 reviews)

More Highlights

519 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Operations Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Clerk in Lake Mary, FL
    Current Employee - Operations Clerk in Lake Mary, FL

    I have been working at BNY Mellon full-time (more than 8 years)

    Pros

    Great people and very respectful place to work , enough work and overtime available.

    Cons

    You will get lost in the shuffle, very hard to advance . Keep your head down and do the work, do not speak up or put in the spotlight.

    Advice to ManagementAdvice

    Provide more incentives for employees to stay and look forward to coming in on a daily basis. Too many chiefs and very little Indians.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst
    Current Employee - Operations Analyst

    I have been working at BNY Mellon full-time (more than 8 years)

    Pros

    Very good people with friendly inviremental

    Cons

    No room for growth, hard to get promoted, long working hours

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Product Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Product Manager in Boston, MA
    Current Employee - Product Manager in Boston, MA

    I have been working at BNY Mellon full-time (more than 8 years)

    Pros

    Their wide range of products can provide exposure to a variety of industries. They have very flexible work options and fringe benefits that smaller companies don't.

    Cons

    The merger, even six years later, still shows signs of growing pains. Advancement is nearly stagnant and so are the salaries. Communication between the various departments is a struggle and they're constantly shuffling and consolidating.

    Advice to ManagementAdvice

    Better compensation and employee recognition is needed in order to retain your most valuable resources.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    OK to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Documentation in Pittsburgh, PA
    Former Employee - Loan Documentation in Pittsburgh, PA

    I worked at BNY Mellon part-time (more than a year)

    Pros

    First job out of college, happy to be employed. Supervisors were helpful and supportive. Patient with training a new grad. Good place to wet your feet with 9-5 work.

    Cons

    Wages were bare bones. Easy to get lost in the shuffle. Keep your head down nobody notices. Personal growth was not a priority.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    BNY Mellon Operations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst in Pittsburgh, PA
    Current Employee - Operations Analyst in Pittsburgh, PA

    I have been working at BNY Mellon full-time (more than 3 years)

    Pros

    Good place to start a career. Good people. Good work-life balance.

    Cons

    Poor compensation, benefits, perks, job mobility

    Advice to ManagementAdvice

    Invest more in people.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7. 2 people found this helpful  

    Some good, some ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    Lots of volunteering opportunities as BNY Mellon is involved in the communities

    Cons

    Lots of glass ceilings and hard to advance in jobs and pay as an insider.

    Advice to ManagementAdvice

    Take care of the people taking care of the company. Outsiders come in with better salaries than if posting internally. Does not make sense as the insider knows the culture and in-house applications. Employees are also loyal until they see this company behavior over and over.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 4 people found this helpful  

    Tough place to work if you are in IT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    Decent salary. Advanced technology. Very dedicates employees who work very hard to support other divisions and their customers.

    Cons

    Too many layers of management to the point that the head doesn't understand what the feet have to do and doesn't really care. Recent cutbacks have triggered layoffs at the bottom to pay for more layers in the middle. Little advancement or external training. Long days, many weekends and not much of a life balance. Recently instituted using metrics to gauge employee performance which only adds to the effort required to do an already tough job and doesn't really reflect what is going on down on in the trenches.

    Advice to ManagementAdvice

    Get more in touch with the "boots on the ground" and stop worrying about how the metrics look. Get more in touch with the people who are actually doing the work. Middle managers will do and say what it takes to make themselves look good or keep their jobs secure and won't tell you when you are making a tough job even tougher.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. 2 people found this helpful  

    Great place to work, if money isn't important to you

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Nobody gives you a problem if you need to be out the door at 5:00. Depending on your manager, flexible hours can be arranged.

    Cons

    No chance of market based salary increases unless you threaten to leave (with an offer from another firm). Willing to let talented people do the work for no reward.

    Advice to ManagementAdvice

    Identify people that are good and reward them for it. Call out those who aren't doing their job.

  10.  

    Large Global Organization, Great work/life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA

    I have been working at BNY Mellon as a contractor (less than a year)

    Pros

    Friendly laid back atmosphere, good company values and corporate vision. Great D.I.Y. training resources available. I don't know how easy it is to move within the company and across the locations, being one of the largest deposit banks in the world they have great global presence with office locations everywhere.

    Cons

    There seems to be a fairly large number of individuals who don't know what the company does beyond their own responsabilities and they are ok with that. There is little global awareness.

    Advice to ManagementAdvice

    Coach front-line managers and strengthen the managers skill set and comfort level with having difficult conversions with employees on how the employee could strengthen their own knowledge level and skill sets. Treat the infection rather than continuously putting band-aides on. Could do more around employee engagement and company awareness in the workplace at the .

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Skip if you are ambitious and want a career growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    good work life balance, Perfect place if you have a family.

    Cons

    not enough growth, several operations move in Pittsburgh, low salary.

    Advice to ManagementAdvice

    More training classes for employees, more willing to changes and suggestions and actually make these suggestions a reality. Mobility.

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